Senior Manager – Annuity Placement, Investment Solutions

4 weeks ago


gurugram, India Mercer Full time

Mercer is seeking candidates for the following position based in the Mumbai office

Senior Manager – Annuity Placement, Investment Solutions


What can you expect?

  • Project manage annuity placements from the initial bidding and price discovery process through execution and post deal transition of pension liabilities
  • Liaise with the insurance marketplace of providers offering group annuity products to ensure that the required deliverables are received.
  • Analyze pricing to provide unique solutions and support strategy for annuity buyouts. Determine how to show breakdown of accounts to clients and leverage internal resources to execute.
  • Create decks, coordinate meetings, respond to questions from insurers, liaise with actuarial team to gather plan and participant data, lead work streams and ensure the process is executed in a timely manner.
  • Facilitate the preparation of insurance market due diligence material to support our consulting process around the Department of Labor guidelines for annuity buyout transactions in compliance with interpretive bulletin 95-1
  • Consultant on 5-7 clients at a given time; performing modeling, running reports, preparing decks on pension risk transfer and journey planning projects
  • Work with spreadsheets and various modeling tools to produce detailed numerical analysis of the client’s risk profile and the impact of risk on key financial metrics
  • As needed, provide ad hoc support on new business pursuits and proposals
  • Understand strategy leading up to the annuity placement project, assisting colleagues to identify areas of constraints, solving problems and doing analysis to help support client deliverables
  • Ensure all professionalism / compliance standards and processes are understood and followed.
  • Scope projects, develop budgets, and follow project plans and perform such project management and recordkeeping as needed to ensure projects are delivered on time and on budget.

What is in it for you?

As a Marsh McLennan Company colleague, you will also receive additional benefits such as:

  • A competitive salary
  • Employee friendly policies
  • Health care and insurance for you and your dependents
  • Healthy Work life balance
  • A great working environment
  • Flexible benefits packages to suit your needs and lifestyle
  • Future career opportunities across a global organization



What you need to have:

  • Minimum Bachelor degree in mathematics, economics, finance or other business-related areas with strong quantitative and analytical course content or direct relevant experience.
  • Minimum 2-3 years of experience within an insurance company, financial strategy, investment, and/or actuarial consulting environment
  • Strong analytical skills and attention to detail
  • Overall good technical skills including proficiency in Microsoft Office, with a high proficiency in Excel
  • Active pursuit of Actuarial and/or CFA designations a plus
  • Familiarity with investment principles and actuarial calculations
  • Previous experience in the insurance or group annuity market is a plus
  • Self-motivation and an ability to work well in a highly collaborative team environment
  • Excellent organizational, interpersonal, verbal and written communication skills
  • Ability to multitask, manage multiple priorities and work in a rapidly changing and dynamic environment
  • Willingness to obtain Life, Accident & Health Insurance licensing (if applicable)


Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan(NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenterand Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.



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